🔰 Pair Name : EUR/JPY 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : LONG Scale 🔰 Direction : SHORT/SELL The GBP/JPY pair's sensitivity to shifts in global risk sentiment makes it a valuable tool for assessing broader market outlooks. 🌐 Its responsiveness aligns it with changes in global risk appetite, creating a strong correlation. In this context, the pair finds...
Hello 500 bros! I have a setup for EURJPY today. Entry: 157.35 to 157.4 - SL(recommend 157.7-157.9) and Target as showing chart Happy Trading!
USDJPY is on the third straight green 1D candle after a rebound on the 1D MA50 that has turned the 1D time-frame into healthy bullish levels (RSI = 60.603, MACD = 0.480, ADX = 30.898). This is technically a bullish continuation signal, with the 1D MACD after a Bullish Cross, resembling the bullish sequence of April. We are long, targeting the R3 level (TP =...
Looking for a retracement of the previous low (white dot) I am a fan of the weaker dollar short term. Banking on this recent high to not be broken. This could be an "ABC" pattern to the downside. I'll update regardless of outcome.
I chose to sell Because we have a resistance area that the price has rebounded from three times And we gave supply zone and choch On the daily time frame, we have a reflexive candle hammer
In the GBP/JPY currency pair, there are existing long orders in the designated green areas, which can be suitable for a long position if the downtrend line is broken. For entry, you definitely need a trigger, and you can be prepared to enter with the condition of the trend line break and the close above the minor pivot. The specified stop loss is determined...
Here is my latest structure analysis for USDJPY. Horizontal Key Levels Resistance 1: 143.90 - 144.35 area Resistance 2: 144.80 - 144.05 area Support 1: 141.50 - 141.80 area Support 2: 137.25 - 138.05 area Vertical Key Levels Vertical Support 1: Rising trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with...
Looking for a retracement of the previous low here. Small pullback before Friday's news? Possible break of structure on lower timeframe with a current retest of the high. Should be interesting.
GBP/JPY is currently displaying signs of a bearish movement in the short-term. Several technical indicators and fundamental factors suggest that the currency pair may experience a downward trend in the coming days. Traders should exercise caution and consider bearish strategies when positioning in GBP/JPY. Technical Analysis: Bearish Downtrend: The GBP/JPY pair...
We have reason for entry One reason made swep then choch 2 the price is neaer from supply And we have supply on 1day and 1w
Waiting for confirmation of frame 1 h when reaching the area The reasons are phrase previous low break bottom Double Top configuration is downward sloping, not even And supply with Imblance and Indusment
Good resistance to the dollar According to the fundamental conditions of the market and of course the position of the dollar, contrary to the current analysis, I personally think that the price of the dollar should be corrected against the Japanese yen. The targets are shown with two short positions on the chart. Don't forget capital management.
Hey Traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 85.600 zone, NZDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 85.600 support and resistance zone. Trade safe, Joe.
The BoJ would be comfortable with the reaction towards the recent tweak to its YCC program – there has been limited gyrations in Japanese equity markets and bank equity is about to break to new highs. Predictably, we’ve seen the 10yr JGBs grind higher to 63bp, but the market is firmly of the view that the back-up in JGB yields will not promote a rush from pension...
In my recent ideas I’ve noted JPY strength resuming and this is evident in the performance last week, and we can see this when looking at the JPYWCU chart which is like DXY for the Yen. We can see what could be a higher low forming and a fourth retest of the resistance around 0.005350 which could break. We’ve seen out-performance of the Yen against many...
🔰 Pair Name : EUR/JPY 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL Not too much to talk about in technicals as it's all obvious at the moment, as shown in the analysis drawing. 📈 Fundamental shifts in the Japanese economy are gaining momentum. The recent remarks from Bank of Japan Governor Ueda at the ECB central bank forum suggest...
The combination of several reasons mentioned in the chart can be a good reason for the strength of the 95,000 range. If the bears have enough strength to break below 91.800, the chances of a return from 95.00 will be higher. Don't forget to check the news and risk and capital management
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